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Desktop PSU manufacturer Zalman declares bankruptcy after parent company commits bank fraud
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The following comments relate to this news article:

Desktop PSU manufacturer Zalman declares bankruptcy after parent company commits bank fraud

article published on 7 November, 2014

In a rather shocking turn of events, the desktop PSU and CPU cooling system manufacturer Zalman has declared bankruptcy following massive bank fraud committed by the company's parent, Moneual. The company filed for bankruptcy on November 3rd and reports are claiming that a multi-billion dollar fraud occurred leading to the shutdown. A former employee of Moneual allegedly told the Korea ... [ read the full article ]

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ZippyDSM
AfterDawn Addict

4 product reviews
_ 		7. November 2014 @ 20:05 _ Link to this message    Send private message to this user   
That's a shame loved their coolers....
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Copyright infringement is nothing more than civil disobedience to a bad set of laws. Lets renegotiate them.
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cart0181
Member
_ 		8. November 2014 @ 22:29 _ Link to this message    Send private message to this user   
Quote:
 The employee said that the executives would take long trips every summer to Hawaii to drive luxury cars and live in luxury.
Okay, but a vacation like that would cost something in the tens of thousands of dollars, not billions.
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doowop72
Junior Member
_ 		8. November 2014 @ 22:42 _ Link to this message    Send private message to this user   
Originally posted by cart0181:
Quote:
 The employee said that the executives would take long trips every summer to Hawaii to drive luxury cars and live in luxury.
Okay, but a vacation like that would cost something in the tens of thousands of dollars, not billions.
I'm sure there were more "fine line" details in there along with the cars and vacation.. P.A.R.T.Y
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Bozobub
Senior Member
_ 		9. November 2014 @ 11:43 _ Link to this message    Send private message to this user   
Exactly. Cocaine ain't cheap, ya know.
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Jemborg
Senior Member
_ 		10. November 2014 @ 00:07 _ Link to this message    Send private message to this user   
It was fraudulent behaviour by the managers that bought the Amiga down.

I wonder what made them think they would get away with it? I suppose cocaine is the best answer. You have to feel sorry for the workers... well I do.
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Its a lot easier being righteous than right.

DSE VZ300-
Zilog Z80 CPU, 32KB RAM (16K+16K cartridge), video processor 6847, 2KB video RAM, 16 colours (text mode), 5.25" FDD
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